When a giant Chinese producer seemed unlikely to meet margin calls on nickel contracts this week, the London Metals Exchange stepped in and saved it, reports the Wall Street Journal.
The reduction is part of an effort to alleviate the burden on suppliers forced to adapt to repeated output plan changes due to acute shortages of semiconductors and other supplies
Exports rose 14.9% year-on-year to $18.74 billion, boosted by a 28.5% jump in sales of semiconductors and a 98.8% surge in petroleum products
People should start looking at “healthier food options”, the Fiji Council of Social Services (FCOSS) executive director Vani Catanasiga said
The rise in prices is attributed to the steady foreign demand and the kyat weakening against the US dollar
The Simbara app records all coal and minerals management processes, starting from upstream to downstream, according to the energy minister
The world's top palm oil exporter shocked the market on Wednesday when it announced that companies must sell 30% of their planned exports at home
Top executive says it's important to maintain healthy, peaceful, balanced relationships with big, powerful neighbours.
Part of the 1.6 billion yuan ($253 million) will be used to stabilise output of winter wheat in five main production regions, including Hebei and Shandong provinces
Asian battery makers for electric vehicles are shielded from a big, immediate hit from surging nickel prices for now, thanks to long-term contracts and a diversified supply chain, companies said.
German sportswear giant forecasts an increase in currency-neutral sales of 11-13% for 2022, including risk to its business in Russia and Ukraine, with China to see a modest sales increase
Mitsubishi and Mitsui have stakes in the massive Sakhalin-2 project, while Marubeni and Itochu have invested in Sakhalin-1 oil project, from which Exxon Mobil is now withdrawing